for genalpeeches followed by legislative business at 2:00. on the agenda are several bills from the house natural resources committee incdi one to promote the developmentf new recreational areas on into your department and he was forest service went. on c-span2 the senate returnst 10 a.m. eastern to resume consideration of this to court nonaons for nebraska and michigan. and on cpa at:3a.m., defense secretary lloyd austin and joint cef of staff chair genelharles brown junior ctesiphon president biden's 2025 budget request for the pentagon bere the senate armed services committe then in the afternoon a hearing toxamine the use of shell companie a facilitating transnational crime. that gets underway atwo.m. eastern. you can also fd our live coverage on the free cpan now that you out or online at

c-span.org. >> president biden traveled to madison, wisconsin, to announce a new student debt relief plan that aims to cancel up to $20,000 of interest for roughly 20,000,000 borrowers. the administration intends to implement the plan this fall. the president's remarks run about 15 minutes. [cheers and applause] ♪ ♪ ♪ ♪ ♪ >> hello, wisconsin. hello, hello, hello. [cheers and applause] please have a seat, if you have one.

governor, thank you. i give a nice introduction. thank you, ashley, for introducing me and sharing yourd story. i like an awful lot of people in his audience was one of the first my thumbs go to college and watch my that struggle to help megl get there and get all the kids there, and it wasn't easy. but youyo know, i asked him a rhetorical question. how could we be the leading country in the world without the best education system in the world? and access to it. you and sam are from rural wisconsin, first c in your famiy to go to college. life partners, business partners, hard-working, paying off their loans only to see your dreams being crushed by student debt. but now thanks to what we're doing that student debt is no longer holding you back. [cheers and applause] with this new freedom you start your own business that help

women owned business and majority of this is right here in wisconsin. that's what is all about. [applause] i think we all ended to share share one goal, to give everybody a fair shot. just a shot. the freedom to chase their dreams if you know you've got some of the great leaders in wisconsin here as well, and i mean that sincerely. i think tony knows this, here, i think is one of the best governors in the united states. [cheers and applause] you really are, tony. the progress we've made and would make a a lot is no small part because of tony. [cheers and applause] and the bad news for tony is, we have become friends. mark, thank you. thanks -- madison, where is ? stand up. y

[applause] i get instructions for my wife who is a schoolteacher, make sure he say s hello to the mayo. i agree. at the state and local tribal leaders here today, thanks for making it available. where are you? [applause] there, stand up, thank you. and by the way, this indian nation -- couldn't be. i'm always grateful -- tammy baldwin.n. [cheers and applause] she really is. she's a great partner on education, infrastructure, by america, and so much more. when kamalahe and and i rane commitment to fix the program -- [inaudible]

repaying those loans was more reasonable. today, to make americans especially young people are settled unsustainable debt in exchange for college degree. the ability for working and middle-class folks to repay their student loans has become so burdensome but a lot can repay it for even decades after being in school. and i mean that sincerely, and many of you know that sitting in front of me. even when they have worked hard to pay their student loans, their debt increases, not diminishes. too many people feel the strain and stress wondering if they're going to get married, , have thr first child, start a family because in the thicket by they still have this crushing, crushing debt. that's not, that's not just a drag on them. it's a drag on our local economies. it's's a drag, no, really is. it's a a drag on the economy. when you can't afford to buy a

home, start the small business, chase s that career that you ben dreaming about for a long time. that's what earlier in my trip i announced a major plan to provide more than 40 million working middle-class americans student debtll relief. tens of millions. [cheers and applause] tends a means of people debt was literally about to get canceled but then some of my republican friends and elected officials and special interest sued us and the supreme court blocked us. but that didn't stop us. i mean essentially. we continue to find alternatives path. [applause] that are not challenged. altogether my a say as the most significant action to provide student debt relief ever in history of this country. [applause] we started by fixing to make existing programs to get more people with student debt relief that they're entitled to.

first, we fix what was called the public service loan c forgiveness program, which was designed -- [applause] -- to make sure those in public service, , school teachers polie officers firefighter social workers eight leaders public service could get the student loans forgiven in ten years if it made the payments for the first ten years, and after ten public service what have those loans forgiven. f when i took office 7000 public servants have debts forgiven. the program wasn't working very well. sigh called in the department of education and other departments and so we got to fix it, fix it now. thanks to our reform nearly 900,000 have had their debts reduced. [applause] including 16,400 writer in wisconsin. writer in wisconsin. [applause] second, we turn what's called income drivenin repayment progrm

which i renamed the save program, most affable program ever come for took office student bars had to pay 10% of the discretionary income on a monthly basis with the bar, 10% discretionary. that's income after you pay necessities like housing and food. a lot of people didn't have the means to pay but i was able to have my 30s of the department that the 5%. [applause] that means whether committed to college for your, have to pay more than 5% to pay those loans. and for millions of borrowers, $32,000 now after -- [inaudible]

eight millions americans have a role in the save plan including 135,000 here in 1 wisconsin. [applause] because of our reform 25,000 people a month nationwide have been receiving letters from the about the debt they had for four years for all those years is finally going to be forgiven. but i'm not stopping here. today i'm proud to announce five major actions to continue to release relief student debt for more than 30 million americans since i started my administration. first, my administration will propose a new rule to cancel up to $20,000 in runaway interest for any barber that owes more now, always more now than when they started paying the loan. [applause] that's a big difference. and for low and middle class families enrolled in my safe program we will cancel s all of your interest, all of your interest.

[applause] second, plan to get the student debt for bars who still owe student loans even though started repaying them more than two decades ago. folks, third, canceled it for about 2 million farmers who would be eligible for debt forgiveness in the safe broke a public service loan forgiveness or other debt counseling program but areve not enrolled in these. some of you are only find out after the fact as teacher, firefighter, cop qualified but you just did know about it. i know people but you are eligible the matter how long you've been out of the program. fourth, we plan to cancel debt for borrowers from the department education determines were cheated by universities that led to students and unaffordable loans and delivered little benefits to students. [applause] and you know, you know one of those, you know one of those colleges is closed.

i won't mention. [laughing] and finally department of education will propose a new rule to cancel student debt for americans facing financial hardship from childcare to health c care, to prevent them from paying back their loans. over the coming months the department education will propose as an estimate these plans, starting this fall we plan to deliver up to $20,000 in interest relief to over 20 million bar was at full forgiveness for millions more. [applause] i can tell by the looks on some of c your faces this release is not news to you all. this release can be life-changing, life-changing. just as you heard from ashley.ng folks, i will never stop to deliver student debt relief for hard-working americans, , and is only in the interest of america we do it. and again, it's for the good of

our economy has grown stronger and stronger, and it is. our free millions of americans from this crushing debt of student debt means they can finally get on with their lives instead of being put in their llife being put on hold. that's what every american making a student loan payment should go to studentaid.gov, studentaid.gov to learn more about these plans to see if it is a fit for you. look, that's not all. people say to me it's great your helping people in college. how about all those hard-working folks whoho grew up and let no opportunity to go to college? i get it, that's the neighborhood i come from. that's why a big part of my economic agenda is investing and all americans what you attend college or not. we are expanding career and technical education in high schools. think how many of these shot programs have been dropped. people not knowing whether they want to work with her hits. people not being able to get started. to provide pathways to good middle-class jobs without college. my labor department is investing

$200 million in grants for registered partnership programs around the country. [applause] so for folks to learn a skill trade come by the way parenthetically, you know all the money the chips program i i put together? guess what? to invest over $50 billion in new programming scum new ability to make these chips here in america and in those fabs they call them, guess what? do you know what the average salary is? $110,000 year and you don't need a college degree. [applause] programs like the one start writer in medicine technicals it leads to good-paying jobs in high-growth field and clean energy, healthcare, technology. these up and ship programs are five just before you qualify to have a license. i have people saying why are you so prounion, prolabor? [cheers and applause]

no. a lot of people think you can walk up and say i want to be an electrician and you're an electrician. five years apprenticeship. it's like going to college. five years. i also want to make, and i've been pushing this and if i'm reelected i'm going to push the cart and get it done next time because i want to make community college tuition free. [cheers and applause] so you won't need the loans at all. cut in half the cost of going to college. if we do this, the economic gains will far outweigh the cost and that's not hyperbole. that's truth. this historic investment will modernize our infrastructure, roads, bridges, high-speed internet. for every american.

i'm investing in the american agenda we expect to create millions of jobs over the next decade if we have already created over 15 million new jobs, 15 million new jobs. [applause] a significant number of these do not require college degree including across wisconsin. let me close with this. my dad used to say, it's not hyperbole, my dad was a hard-working guy, well read man, got into college. he's from everybody thinks it's baltimore. it's baltimore. [laughing] he some baltimore. he got into college to go to johns hopkins. i did know that until afterho he had passed away and it was during the work of just prior to the work he was working in the shipyard and he couldn't go. he used to always come of this phrase, joey, a job is a lot more about a paycheck. it's about your dignity. it's about respect.

it's about having a place in the community where you feel like you belong. it's about being able tou look your kid in the eye and say honey, it's going to be okay. that's what we t are doing. we're getting people a chance to make it. not a guarantee just a chance to make it. that's why i've never been more optimistic about our future. we just have to remember who we are. we are the united states of america and there's nothing be on our capacity if we do together. nothing, nothing, nothing. [cheers and applause] god bless you all and may god protect our troops. thank you, thank you, thank you. [cheers and applause] ha♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

♪ ♪ ♪ on wednesday president biden and first lady jill biden post a state dinner on a japanese prime minister fumio kishida. watch guest arrivals why begin at 5:30 p.m. eastern on on a website c-span.org or she's been out our free mobile video app. later at 11 pdt on c-span will feature highlights from evening including the prime minister's white house arrival and toast given at the dinner. watch white house state dinner wednesday on the c-span networks. >> c-span is your unfiltered view of government. we are funded by these television companies and more including sparklight. >> the greatest town on earth is a place you go home. at sparklight it's our home, too, and now with all